From the Author
1. Isn’t the economy recovering now? Why worry about an Aftershock?
It may look like a recovery but this is really a fake recovery, driven by printing money and massive government borrowing that are temporarily slowing the fall of our multi-bubble economy. We are just kicking our problems down the road and making the future Aftershock that much worse. 2. How is the second edition of Aftershock different from the first edition?
The new Aftershock is more than 35% updated and contains our latest analysis of the current economy, plus our forecasts for 2012 and beyond. There are two entirely new chapters that you won't want to miss, especially the one on how the Federal Reserve's medicine will become a poison when thier program of quantitative easing eventually causes dangerous inflation and rising interest rates ahead. Future inflation is the single biggest threat to the economy and to your stocks, bonds, real estate, and cash. Throughout the new Aftershock, we show you how future inflation will damage the already falling bubble economy and what to do to protect yourself and your assets when it hits. There will even be a few ways to make money on inflation--but only if you see it coming. 3. How is this book any different from all the rest?
Aftershock is the only book to correctly predict the economic mess we are in today and foresee what is next, based on a proven macroeconomic view of the evolving global economy4. What will be some of the first signs of the coming Aftershock?
Actually, it's already happening now, but it isn't easy to see unless you know what to look for. The second edition of Aftershock explains in detail what is ahead, how to see it coming, and what to do about it right now, while there's still time to protect yourself. 5. Have we seen the “aftershock” of the 2008 market meltdown yet? If not, when do you predict we will see its effects?
No we haven’t seen the “aftershock” of the 2008 market meltdown. We will see it when inflation nears 10%, which is likely about 2 – 3 years away.
From the Inside Flap
From the authors who accurately predicted the domino fall of the conjoined real estate, stock, and private debt bubbles that led to the financial crisis of 2008 and 2009, now comes the definitive look at what is still ahead in 2012 and beyond—and what investors can do right now to protect themselves. Based on the authors′ unmatched track record of precise predictions in the two landmark books America′s Bubble Economy and Aftershock , this Second Edition of Aftershock updates the original book by more than 35 percent with fresh analysis of the latest economic developments, plus offers new in–depth advice for how readers can prepare now for protection and profits in the next global money meltdown. The second edition of Aftershock shows readers: Why the latest actions by the U.S. Federal Reserve will eventually damage the dollar and hurt investors worldwide How future rising inflation and interest rates will harm your specific investments, and what to do about it The future fall of China′s bubble economy, as well as current and future problems with European debt Detailed investment advice about real estate, retirement, annuities, life insurance, and much more What′s next for stocks, bonds, currencies, commodities, and other assets How to buy and own gold and silver before, during, and after the coming Aftershock